Fibonacci Analysis: Fibonacci analysis evaluates the short term (30 days) intermediate term (60 days) and long term trends (120 days) and retracements. Stocks that retrace 38.2% or less of a trend will usually continue the trend. Retracements exceeding 61.8% indicate a reversal. Alerts will include ABC's up/down (multiple 38% retracements) and various reversal signals.
Time FrameTrend38.2%50%61.8%
Long 25.85 to 21.74 . . 25.5 (91.48%)
Intermediate 21.74 to 25.5 24.5 (26.60%) . .
Short 23.11 to 25.5 . 24.5 (41.84%) .